Alex Ciorogar
Partnership Buys Two Orlando Industrial Portfolios
Brennan Investment Group sold the two assets for $17 million. The new owners plan to reposition the properties to increase occupancies and revenue growth.
CBRE Arranges San Antonio MOB Sale
PPH Real Estate LLC bought a specialty medical office building located at 5109 Medical Drive on the CHRISTUS Santa Rosa medical center campus.
HFF Arranges $27M MOB Portfolio Recap
The company acted on behalf of both borrower Catalyst HRE and investor Charter Realty Group. 100 percent leased, the portfolio comprises six medical office buildings totaling 68,000 square feet in FL and NC.
Lantower Lands 282-Unit Orlando Community
The company has brought its portfolio total to more than 4,800 units with the purchase of Lantower Grande Pines, a recently built community in the I-4 tourism corridor of southwest Orlando.
423 KSF NV Industrial Center Changes Hands
Located at 9460 N. Virginia St. in Reno, Nev., Mary’s Gone Crackers, a Class A manufacturing and distribution center, was purchased for more than $29 million by LBA Realty. A partnership between Kidder Mathews and JLL Capital Markets represented the seller.
Orlando Retail Center Lands $22M in Financing
CBRE negotiated the loan on behalf of Unicorp National Developments Inc. for its Westside Shoppes in Windermere, Fla. The 68,346-square-foot retail center is fully leased.
MD MOB Breaks Ground
Construction of the 595,744-square-foot health care facility is underway. Located at the Capital Center in Largo, Md., the project is expected to be completed by 2020.
Mainstreet To Acquire CareIT Portfolio for $425M
A partnership between Mainstreet and Tiptree is set to purchase CareIT’s portfolio. The properties include 42 senior living communities and health-care facilities.
Columbus-Area MOB Changes Hands
David Hartsook, John Hall and Kevin Connor of CBRE’s Columbus office represented the seller, Bradenton Pediatric Building Co.
HFF Secures $289M Loan for CA Luxury Community
The company secured a five-year, interest-only construction financing for MIRO, a pair of 28-story San Jose luxury apartment towers comprising more than 600 units.